Fullerton, CA 92832,231 W Knepp Ave
Fullerton, CA 92832,231 W Knepp Ave
Fullerton, CA 92832,231 W Knepp Ave
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$1,450,000
Est. payment /mo
8 Beds
4 Baths
940 SqFt

UPDATED:

10/12/2024 10:58 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 940 sqft

Price per Sqft $1,542

MLS Listing ID 240022478

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1958

Property Description

This prime Fullerton property, located near Cal State Fullerton, features four spacious 2-bedroom, 1-bathroom units perfect for off-campus student housing. With strong rental demand and garages both on-site and in the alley, this property offers convenient parking options. The long term tenants currently occupying the spacious units include tenants occupying units for over five years, alongside residents that have called 231 W Knepp home for over twenty years. There is significant upside potential for rent growth, making it an excellent value-add investment opportunity.

Location

State CA

County Orange

Area Oc - Fullerton (92832)

Building/Complex Name Fullerton

Interior

Cooling N/K, Wall/Window

Exterior

Exterior Feature Other/Remarks, Stucco

Fence Other/Remarks

Roof Type Other/Remarks

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $1,500

Listing Terms Cash, Conventional, Exchange, FHA, VA

Special Listing Condition Call Agent


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San Diego Regional MLS (SDMLS)
Listed by Tyler D Brand • JLM Real Estate Inc
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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231 W Knepp Ave